Hospitality Opportunity – 25 Rooms in Miami, FL – Active Motel License
Commercial Sale
Category: Hospitality (Hotel / Motel)
Price:$4,300,000
Location: Miami, FL
Year Built: 1925
Days on Market: 33
Description:
Exceptional business investment opportunity in East Little Havana abutting the Roads neighborhood and in walking distance to Brickell is this potential cash-cow that has been historically licensed with an active motel/inn license and operated once as a rooming house. Now it is vacant, having been completely gutted and restored by current owner this iconic building can once again be a money-generating business. With permits now all closed, CU/CO renewed, 40/10 yr recertified, this 25 room, 9 bathrooms in a classic SRO (single room occupancy hotel) configuration, where baths are shared with other units.
Visit Fausto Commercial for more investment opportunities.
Listing Code: 1126017565